Wednesday, December 29, 2010

Investment Advisory Fee

The Investment Advisory Fee or Management Fee is the fee charged to the fund by the fund manager or advisory firm which manages the money (i.e. the party who performs research and formulates and implements investment strategy). Typically the management fee will comprise a fixed percentage of assets under management, and can range around 50 to 100 basis points.

Synonyms: Management fee, Investment management expense, Investment fees

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